Formula 1 Carz Private Limited

Formula 1 Carz Private Limited - automotive in Hyderabad, Telangana, India. Directors, charges & compliance details.
CIN U77100TS2023PTC179808 Incorporated 08 December 2023 ROC Hyderabad HQ Hyderabad, Telangana, India
Active Private Limited Company automotive
Data last updated
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹82.06 Lakh
Secured borrowings
Company age
3 yrs
Est. 2023
Directors on board
2
As per MCA filings
Last financials
Mar 2024
Balance sheet date
Last AGM
31 Dec 2024
Annual general meeting
Company status
Active
MCA master data

About Formula 1 Carz Private Limited

Data last updated:

Formula 1 Carz Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 08 December 2023.

The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U77100TS2023PTC179808.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shafi Mohammed Abdul and Sami Abdul Mohammed.

Its last annual general meeting (AGM) was held on 31 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Hyderabad, Telangana.

As per MCA filings, the company has open charges of ₹82.06 Lakh on record.

Company details

CIN U77100TS2023PTC179808
Registration Number 179808
Incorporation Date 08 December 2023
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 December 2024
Date of Balance Sheet 31 March 2024

Contact details

Formula 1 Carz Private Limited's registered office is in Hyderabad, Telangana.

  • Registered Address
    4 – 6 – 73/Sf – 05 Shop No 05, 2nd Floor United Arcade, Hyderabad, Telangana, India – 500048
  • Industry
    Automotive, Auto Dealership & Trading
Comprehensive company report
Formula 1 Carz Private Limited - one report that includes everything
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  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Financials of Formula 1 Carz Private Limited

FY 2024 filings available

Financial Statement Summary

MetricsFY 2023-24
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA
Profit Before Tax
Tax Expense
Net Profit (PAT)
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2023-24
Profitability
EBITDA Margin
Net Profit Margin
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Formula 1 Carz Private Limited, buy the company report.

Board of directors of Formula 1 Carz Private Limited

Formula 1 Carz has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Shafi Mohammed AbdulDirector08 Dec 20232 Years 10 MonthsCurrent
Sami Abdul MohammedDirector08 Dec 20232 Years 10 MonthsCurrent

Charges & borrowings

Open charges
₹82.06 Lakh
Satisfied charges
None
Breakdown by lending institutions
Others₹0.58 Cr
Axis Bank Limited₹0.24 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
26 Sep 2024101014945Others₹57.85 LakhOpen
31 Jul 2024100993076Axis Bank Limited₹24.21 LakhOpen

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Formula 1 Carz Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Formula 1 Carz Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Formula 1 Carz Private Limited has 2 board changes on record since 2023: 2 appointments. The latest: Sami Abdul Mohammed was appointed as Director on 08 Dec 2023.

AGM
Formula 1 Carz Private Limited last Annual general meeting of members was held on 31 Dec 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 57.85 Lakh with Charge ID 101014945 was registered on 26 Sep 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 24.21 Lakh with Charge ID 100993076 was registered on 31 Jul 2024.
Filing
Formula 1 Carz Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
Appointed
Sami Abdul Mohammed was appointed as Director.
Appointed
Shafi Mohammed Abdul was appointed as Director.
Incorporation
08 Dec 2023
Formula 1 Carz Private Limited was registered on 08 Dec 2023 with Roc Hyderabad & aged 2 years 10 months as per MCA records.

Frequently asked questions

Formula 1 Carz is an active private limited company based in Hyderabad, Telangana, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 08 December 2023 (3+ years old) and is registered under CIN U77100TS2023PTC179808.

Formula 1 Carz has 2 current directors:

The latest financial statements of Formula 1 Carz on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 31 December 2024. Year-wise statements from FY 2024 are in the company report.

The CIN (Corporate Identification Number) of Formula 1 Carz is U77100TS2023PTC179808. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Formula 1 Carz was incorporated on 08 December 2023, making it 3+ years old. It is registered with the Registrar of Companies, Hyderabad.

Sami Abdul Mohammed was appointed as Director on 08 Dec 2023. Shafi Mohammed Abdul was appointed as Director on 08 Dec 2023.

The registered office of Formula 1 Carz is at 4 – 6 – 73Sf – 05 Shop No 05, 2nd Floor United Arcade, Hyderabad, Telangana, India – 500048.

Formula 1 Carz operates in the automotive industry, in the auto dealership and trading segment.

Formula 1 Carz has open charges of ₹82.06 Lakh and no satisfied charges on record as per latest MCA filings.

Formula 1 Carz can be reached at its registered office: 4 – 6 – 73Sf – 05 Shop No 05, 2nd Floor United Arcade, Hyderabad, Telangana, India – 500048.